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USDJPY buyers continue the push to the upside.

The USDJPY momentum to the upside has continued with the pair making a new high in the current hourly bar. The high price has now reached 149.69. Earlier today, the price moved above a topside trend line on the daily chart (see chart below) at 149.29. Recall from yesterday, the price traded up that trendline, only to have sellers lean against it. The break today has seen increased momentum above the level. That trendline is now a close risk defining level for buyers looking for more upside. It w...
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Posted: Sep 27 2023, 18:11
Author Name: forexlive
Views: 090492